Enhanced
Powder Coating, LLC -
Owners Don Hutcherson
and Dean Spence
Don
Hutcherson saw potential in the powder coating industry
and after discussing his ideas with Dean Spence they
decided to pool their talents and take serious steps
towards opening this type of business. They came to
the NCTC/SBDC in November 2002 for assistance developing
their ideas.
SBDC
Business Consultant and Director, Cathy Keeler, helped
Don and Dean research and prepare a feasibility study,
marketing plan, and business plan. In addition special
assistance was provided through the NTSBDC Technology
and Risk Management Specialty centers in areas of industry
classifications and environmental issues.
After
presenting their completed business plan to their banker
they received a conventional bank loan, enabling them
to purchase equipment, supplies, lease a building and
begin the business. Don and Dean opened Enhanced Powder
Coating, LLC in March 2003. Business is steadily increasing;
in addition to the two owners they now have a full time
and a part time employee.
“I
would highly recommend the SBDC services to anyone considering
their own business or for a business in need of environmental,
marketing, or financial issues. When we took our business
plan to the bank, there were no questions asked they
found the plan complete and comprehensive.” - Hutcherson
"At
times I was frustrated that there was so much to be
done to get this business going and in developing the
business plan. I got a lot of energy and a sense
of direction from the SBDC director. When the work of
compiling the business plan was finished I began to
realize the benefits of all we had strived for. We still
refer to the plan, and often.” - Spence
NCTC/SBDC
1525 West California Street
Gainesville, TX 76240
940-668-4220 | 800-351-7232
nctcsbdc@nctc.edu
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